About Precedent

Precedent believes that employee development is integral to everything they do. Precedent also believe it is important to get the right combination of on and off the job training, support and encouragement, as well as providing opportunities for growth in the way they have structured their organisation. By remaining flexible, this approach also means that people are not held back or restricted by corporate process, which has resulted in some incredible personal development stories within the company.

Precedent pride themselves on being a transparent organisation and ensures that all of their employees feel they can talk openly to the company as well as see what’s going on within the company at all times. Precedent has an active open door policy and spacious open plan offices across the UK to encourage engagement at every level. The company holds bi-monthly 121 sessions, where each employee meets with their line manager to discuss progress over the previous two months and targets for the next. This is an opportunity for employees to voice any concerns and talk candidly with their line manager. Precedent also hold department days throughout the year where each department from across all the UK office teams meet to discuss working processes, highs and lows before engaging in more social activities like go-carting, dinner or simply a few drinks.

Precedent strongly believes in the idea of “soft rewards” – i.e. small rewards that are given regularly to recognise excellent work or performance. Rather than simple monetary bonuses which can often quickly be forgotten, these rewards tend to be something more individual, memorable and appropriate for the person. For example a meal for two at a nice restaurant, a weekend away or even simply iTunes vouchers. In addition to this, at the company’s annual company meeting held every April, Precedent reward the most hard working and highest achievers. The excursion is, in itself, a sort of reward as it involves time out of the office, dinner and an element of socialising, but more crucially, Precedent hold nominations for the Best Newcomer and Best Overall Performer. These nominations are open to everyone across the company and everyone is invited to contribute. The winner is selected by the senior management based on the nominations received as well as on general performance throughout the year.